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VELVET to SAR Converter and calculator

VELVET/SAR: 1 VELVET = 0.6744 SAR. The price of converting 1 Velvet (VELVET) to Saudi Riyal (SAR) is 0.6744 SAR today.
VELVET
VELVET
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELVET to SAR real-time exchange rates, making it easy to convert Velvet (VELVET) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 VELVET is currently valued at 0.6744 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELVET is currently valued at 0.6744 SAR, which means buying 5 VELVET would cost 3.37 SAR. Similarly, ر.س1 SAR can be converted to 1.48 VELVET, and ر.س50 SAR can be converted to 7.41 VELVET, excluding any platform or gas fees.

Convert VELVET to SAR

Convert SAR to VELVET

Velvet
Saudi Riyal
1 VELVET
0.6744  SAR
Exchange 1 VELVET for 0.6744 SAR
2 VELVET
1.35  SAR
Exchange 2 VELVET for 1.35 SAR
5 VELVET
3.37  SAR
Exchange 5 VELVET for 3.37 SAR
10 VELVET
6.74  SAR
Exchange 10 VELVET for 6.74 SAR
20 VELVET
13.49  SAR
Exchange 20 VELVET for 13.49 SAR
50 VELVET
33.72  SAR
Exchange 50 VELVET for 33.72 SAR
100 VELVET
67.44  SAR
Exchange 100 VELVET for 67.44 SAR
200 VELVET
134.87  SAR
Exchange 200 VELVET for 134.87 SAR
500 VELVET
337.19  SAR
Exchange 500 VELVET for 337.19 SAR
1000 VELVET
674.37  SAR
Exchange 1000 VELVET for 674.37 SAR
5000 VELVET
3,371.87  SAR
Exchange 5000 VELVET for 3,371.87 SAR
10000 VELVET
6,743.75  SAR
Exchange 10000 VELVET for 6,743.75 SAR
In the table above, you'll find a comprehensive VELVET to SAR converter that shows the value of Velvet in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 VELVET to SAR, all the way up to 10000 VELVET, providing a clear view of their respective values.
Saudi Riyal
Velvet
1 SAR
1.48 VELVET
Exchange 1 SAR for 1.48 VELVET
10 SAR
14.83 VELVET
Exchange 10 SAR for 14.83 VELVET
50 SAR
74.14 VELVET
Exchange 50 SAR for 74.14 VELVET
100 SAR
148.29 VELVET
Exchange 100 SAR for 148.29 VELVET
200 SAR
296.57 VELVET
Exchange 200 SAR for 296.57 VELVET
500 SAR
741.43 VELVET
Exchange 500 SAR for 741.43 VELVET
1000 SAR
1,482.86 VELVET
Exchange 1000 SAR for 1,482.86 VELVET
2000 SAR
2,965.71 VELVET
Exchange 2000 SAR for 2,965.71 VELVET
5000 SAR
7,414.28 VELVET
Exchange 5000 SAR for 7,414.28 VELVET
10000 SAR
14,828.55 VELVET
Exchange 10000 SAR for 14,828.55 VELVET
50000 SAR
74,142.77 VELVET
Exchange 50000 SAR for 74,142.77 VELVET
100000 SAR
148,285.53 VELVET
Exchange 100000 SAR for 148,285.53 VELVET
In the table above, you'll find a comprehensive SAR to VELVET converter that shows the value of Saudi Riyal in Velvet across commonly used conversion amounts. The list covers conversions from 1 SAR to VELVET, all the way up to 100000 SAR, providing a clear view of their respective values.

VELVET to SAR chart

VELVET/SAR: 1 VELVET = 0.6744 SAR; 2025/11/28 01:33:59
In the past 1D, Velvet has changed -1.83% to SAR. Based on the trend and price charts, Velvet(VELVET) has changed -1.83% to SAR while Saudi Riyal(SAR) has changed % to VELVET in the last 24 hours.
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VELVET to SAR conversion data: Volatility and price changes of Velvet in SAR

The highest Velvet price in SAR over the past 7 days was 0.7204 SAR while the lowest Velvet price in SAR over the past 7 days was 0.6600 SAR. The relative change between the highs and lows in Velvet price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VELVET to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.7077 SAR
0.7204 SAR
1.07 SAR
1.19 SAR
Low
0.6723 SAR
0.6600 SAR
0.6542 SAR
0.2331 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-1.83%
-0.19%
-15.69%
+168.82%

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Bitget P2P trading does not currently support direct buying of VELVET with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VELVET with USDT via Bitget spot market.
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Velvet information

VELVET to SAR market statistics

VELVET/SAR:
ر.س0.6744
VELVET 24h volume:
ر.س18,017,175.01
VELVET market cap:
ر.س124,387,747.78
VELVET circulating supply:
184.45M VELVET

Current VELVET to SAR exchange rate

Velvet to Saudi Riyal is falling this week.
Velvet's current market price is ر.س0.6744 per VELVET, with a total market cap of ر.س124,387,747.78 SAR based on a circulating supply of 184,449,040 VELVET. The trading volume of Velvet has changed by -0.38% (ر.س-69,543.43 SAR) in the last 24 hours. Last trading day, VELVET's trading volume was ر.س18,086,718.45.

More info about Velvet on Bitget

Saudi Riyal information

About Saudi Riyal (SAR)

The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.

Historical Background

The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.

Design and Symbolism

The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.

Economic Role

The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.

Monetary Policy and Stability

Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.

International Trade and the Saudi Riyal

In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.

Remittances and Economic Impact

Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.

Bitget crypto-to-fiat exchange data shows that the most popular Velvet currency pair is the VELVET to SAR, with for Velvet's currency code being VELVET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert VELVET to SAR

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VELVET to SAR Conversion tables

The exchange rate of Velvet is decreasing.
The exchange rate of 1 VELVET to Saudi Riyal has changed by -0.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.83%, reaching a high of 0.7077 SAR and a low of 0.6723 SAR . One month ago, the value of 1 VELVET was ر.س0.7999 SAR , which represents a -15.69% change from its current value. Over the last year, Velvet has changed by
+ر.س
0.6744SAR
, resulting in a change of +288.48% in its value.
24 hours ago1 month ago1 year ago
Amount 01:33 am today 24 hours ago 24h change
0.5 VELVET
ر.س0.3372ر.س0.3435
-1.83%
1 VELVET
ر.س0.6744ر.س0.6870
-1.83%
5 VELVET
ر.س3.37ر.س3.43
-1.83%
10 VELVET
ر.س6.74ر.س6.87
-1.83%
50 VELVET
ر.س33.72ر.س34.35
-1.83%
100 VELVET
ر.س67.44ر.س68.7
-1.83%
500 VELVET
ر.س337.19ر.س343.48
-1.83%
1000 VELVET
ر.س674.37ر.س686.96
-1.83%

VELVET to SAR FAQ

How much is 1 Velvet in SAR?
Right now, the price of 1 Velvet (VELVET) in Saudi Riyal (SAR) is ر.س0.6744.
How much VELVET can I buy for 1 SAR?
Based on the current exchange rate, you can get 1.48 VELVET for 1 SAR.
How do I calculate or convert VELVET to SAR?
You can use our VELVET to SAR calculator at the top of this page to convert any amount of VELVET to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 7.41 VELVET, while 5 VELVET will cost around 3.37SAR.
What is the highest price of VELVET/SAR in history?
The all-time high price of 1 VELVET in SAR is ر.س1.19. It remains to be seen if the value of 1 VELVET/SAR will exceed the current all-time high.
What is the price trend of Velvet in SAR?
Over the past 7 days, the exchange rate of Velvet (VELVET) has gone down by 0.19%.   Over the last month, the exchange rate of Velvet (VELVET) has gone down by 15.69% against Saudi Riyal (SAR).

What factors influence the conversion rate of VELVET to SAR?

There are many factors that affect the relationship between Velvet and Saudi Riyal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of VELVET/SAR. When there is positive news in the market about the widespread adoption of VELVET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELVET/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELVET/SAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of VELVET/SAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Velvet and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Velvet currency pairs: VELVET to US Dollar (USD), VELVET to Euro (EUR), VELVET to Pound Sterling (GBP), VELVET to Canadian Dollar (CAD), VELVET to Indian Rupee (INR), VELVET to Pakistani Rupee (PKR), VELVET to Brazilian Real (BRL), VELVET to…
The price of Velvet in the US is $0.1798 USD. Additionally, Velvet’s price is €0.1550 EUR in the eurozone, £0.1358 GBP in the UK, C$0.2522 CAD in Canada, ₹16.06 INR in India, ₨50.79 PKR in Pakistan, R$0.9629 BRL in Brazil, and more.
The most popular Velvet currency pair is the VELVET to Saudi Riyal(SAR). The price of 1 Velvet (VELVET) in Saudi Riyal (SAR) is ر.س0.6744.

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